Miscellaneous News

A potato

Junior Member
Registered Member
That's a really weird/funny way of saying "We got caught pants down by having to be responsible for our own actions for the first time in our lives"

Reminds me of this gem of a CNN crew getting fucked up by the police because they're standing in the middle of the road and then telling the officer to fuck because this is a public space.

Old habits die hard of Westerners walking around China like they own the place.
 

TPenglake

Junior Member
Registered Member
It was already reported last year that record numbers of Americans were moving abroad. But most of us knew these were just white collar professionals taking extended work vacations in Portugal and Southern Spain with no intention of settling down permanently, nevermind assimilating. But now the numbers are in that people are moving and renouncing their citizenship to boot.

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tokenanalyst

Lieutenant General
Registered Member
It's often the case that Western MSM denigrate China's achievements and overstates its challenges, or exaggerate China's "threat", with little in between. The articles from the NYT above and the Telegraph below demonstrate the former, while the column from Bloomberg shows the later.
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In this day and age, Bloomberg is still spreading the "Yellow Peril" stereotype in the report below.

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The Iran war situation - a vial of washing powder shows up soon?

Michael Pettis: "China is late 80s Japan", a dozen years in a row.
These guys has been saying the same crap for decades. I had never understand these people, every country deals with things differently. Even how both countries managed the US. Japan literally surrender to the US in the 80s to avoid a trade war. China when head on in a trade war against the US.
The economy managed, the Asian crisis, two huge stock bubbles in 2007 and 2015, the commodity bubble of 2009, 2008 financial crisis, the housing bubble of 2012. They are managing the worst export control regime since the cold war. Huawei like sanctions that are more than enough to kill any company the world and I don´t think how any Japanese giant would had survived anything like that in the 80s

They more or less decoupled their real economy from speculative financing market, they are trying to reduce dependency on property market. They focus on creating high value engines of growth like semiconductors and even used their climate change goals as an engine for growth with investment in they EVs industry, nuclear Industry, solar industry, Ultra High Voltage industry and so on in a moment when US debating if green energy was thing for hippies. China is not perfect, but they move fast, they execute, they are highly pragmatic and they have always been highly focus on development.
 
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